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Pulse Business Wrap Barclays expects no major shift in monetary policy direction

Dr. Issahaku was appointed Bank of Ghana Governor on April 4 by president John Mahama  following the early retirement of Henry Kofi Wampah.

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Barclays expects no major shift in monetary policy direction

Barclays Bank Ghana said on Wednesday it does not expect any major change in monetary policy direction of the Bank of Ghana (BOG) under new governor Dr. Abdul-Nashiru Issahaku in its fixed income market update.

Meanwhile, some financial players have asked the new governor to be strong and not kowtow to government didtates.

Dr. Issahaku was appointed Bank of Ghana Governor on April 4 by president John Mahama  following the early retirement of Henry Kofi Wampah.

GNPC denies ‘slush fund’ allegation

 

Chief Executive Officer of Ghana National Petroleum Commission (GNPC) Alex Mould has refuted claims of being a “slush fund” for government.

African Centre for Energy Policy (ACEP)  last month said it fears GNPC has become a slush fund for government after the auditor general made financial irregularities against it.

However, Mould told the Business and Financial Times Wednesday that the money owned the corporation were given for infrastructure projects related to gas delivery.

 

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.82                             4.12

Pound Sterling             5.41                              5.71

Euro                             4.35                            4.65

On how your stocks performed on the GSE Index today

There were no gainers or losers for the day

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